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20121202
20121210
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KGO (ABC) 6
WMAR (ABC) 3
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Search Results 0 to 10 of about 11 (some duplicates have been removed)
ABC
Dec 7, 2012 2:35am EST
major sticking points continue to be how to handle tax rates for wealthy americans, and also, what to do about reducing spending on entitlement programs like social security and medica medicare. >> aide between the president and the speaker of the house met and the talks basically went nowhere. according to one of the president's aide he said higher taxes of course on the wealthy. a deal must include permanent extension of the debt ceiling and source also say that indicated no willingness to go any further on limiting the growth of entitlement spending. >> bottom line. entitlement spending is 60% of the federal budget. no way to have a credible deficit reduction plan without doing some major changes to social security, medicare, and medicaid. and huh they work all that out and crunch the numbers remains to be seen. republicans have given way on some of the tax issues waiting for the democrats to give way on entitlement issues not satisfied with numbers from the white house just yet. so, this nasty tango continues. >> we have to live within our means, nice if the government could figure o
ABC
Dec 6, 2012 2:35am EST
more of their money to the federal government, without raising tax rates, which we believe will harm our economy. >> treasury secretary tim geithner also weighed in yesterday saying the president is willing to allow the nation to go over the cliff if republicans don't agree to raise taxes on the wealthy. >>> we are learning new details about colorado's shooting suspect james holmes now that thousand of e-mails in the case have been reap leased. messages indicate holmes may have had a brief romantic relationship in the days before the tragedy. we have learned that in early june, holmes began specifically talking and fantasizing about killing a lot of people. his psychiatrist was so worried that she broke confidentiality and then contacted campus police. >>> here in new york, a suspect has been charged with murder for shoving a man to his death on the subway tracks. police say, 30-year-old, naim davis admitted to pushing the victim after the two argued on the platform. the judge denied davis bail. he admitted to police he stayed on the platform watching the man get struck by the s
ABC
Dec 10, 2012 3:00am PST
west virginia state film office refused to offer a tax credit for the production saying it may display the state in a derogatory manner. >> all politician thousands have pushed it over the top to make it a wild hit. that's what happens when you come out against it. >>> still to come, at the top of his game. >> the college quarterback easily wins this year's heisman trophy. but not just his playing skills that are making this achievement notable. we'll explain next. you are watching "world news now." >> announcer: "world news now" continue after this from our abc ♪ all ♪ all i do is win, win, win >> all right. the college gridiron phenom born johnny manziel, called johnny football, got a nickname upgrade. >> he is now called johnny heisman. after being the first freshman in history to be awarded that coveted trophy. abc's david muir has his story. >> reporter: his real life story plays like one straight out of friday night lights. the boy from a small texas town who was passing that football when it was nearly as big as him. johnny manziel, barely 2 years old in this image, his pare
ABC
Dec 6, 2012 2:35am EST
. obama is prepared to take the economy over the cliff unless republicans agree to raise tax rates on the wealthy. >>> meantime in georgia, some activists expressed frustration about the stalemate in holiday spirit. they delivered symbolic lumps of kill to the offices of both of their state's u.s. senators. security guard met them, at chambliss' office. a few were let inside without the camera and media present. of course. that would have been the real story. >> folks are upset now. see what happens january 1 after you get the first paycheck and go, oh, this is what the fiscal cliff meant. yeah. 2013. the next story involves a new grassroots campaign that is starting. meant to draw attention to the nation's debt crisis. it is our "favorite story of the day." the campaign is called -- "the can kicks back." aimed at young people and features former republican senator allen simpson, a rather spry allen simpson at that. >> stop instagraming your breakfast and tweeting your problems and getting on youtube so you can see gangnam style. >> gangnam style! >> ha-ha. >> shake what your mama gav
ABC
Dec 7, 2012 3:40am PST
. >> that's right. >>> okay. so what does a zombie attack have to do with your tax dollars? one has actually funded the other, believe it or not. >> yeah. that story's crazy. it's just one example of what some say is a huge waste of money. abc's john karl has more. >> reporter: the zombie apocalypse. this isn't some really bad "b" movie. it's an actual scene from the 2012 counterterrorism summit attended by law enforcement officials around the country. summit tickets, $1,000 a pop. paid for with your tax dollars. the zombies look scary, but organizers say the skit was solely to add levity to an otherwise serious meeting on protecting the homeland. senator tom coburn says it's just another example of more than $7 billion in questionable homeland security spending every year. >> wow. wasted. >> reporter: in a new report, coburn cites example after example, including nearly $30,000 for an underwater robot in columbus, ohio, the $69,000 hovercraft for indianapolis. and this, the sleepy town of keene, new hampshire, citing the need to secure its annual pumpkin festival was awarded a grant to buy
ABC
Dec 4, 2012 1:40am PST
back taxes. she owes money for 2009 and 2010. they have seized her bank accounts. she reportedly owes $233,000 in unpaid federal taxes. she's falling behind for 2011 as well. you remember charlie sheen gave her 100 grand to try to get her back on track. >> more than that? >> yeah. she's going to need a little more than that. but she's reportedly downing two bottles of vodka a day because of stress of her summer car crash and krecent bar brawl las week. charged with misdemeanor assault. >> she is reportedly refusing to to enter rehab. according to tmz. i feel badly for her. >> hope we are not watching an amy winehouse. in the making, that's my fear with lindsay. she is going to need the money. has enough lawyer fees. i don't understand how wealthy get back on their taxes anyway. wish her luck. >> she is said to earn more than $2 million end of this year. which she probably already owes. >> weird. >>> all right. speaking of weird, mike tyson in the news. he came out and said he was high on cocaine during the filming of the "hangover," had the funny appearance in the movie. he's giving a
ABC
Dec 6, 2012 1:40am PST
. the government is warning reverse mortgages are not free money. >> turn equity into tax free cash. >> give you tax free cash. >> they're not being told. about the downside. >> reporter: right now in america, 57 seniors in reverse mortgages are in danger of losing their homes. nearly 10% foreclosure rate, 4 times higher than traditional mortgages. the department of housing and urban development will recommend congress prohibit large lump sum payments and recommend seniors be careful with reverse mortgages. is the reverse mortgage the last option? >> i really think it should be, absolutely. >> reporter: an option. >> it is a wonderful house. >> reporter: linda mcmahon regrets taking. >> i hope somebody enjoys it. >> reporter: jim avila, abc news, washington. >> you have to feel for her, too. here's the problem in a nutshell. unlike traditional mortgage. make your payments. equity. a reverse mortgage pays out equity in your home as cash. increases your debt and decreases your equity. that's the problem in a nutshell. that's how the woman got into the situation she did. it sounds good
ABC
Dec 10, 2012 2:05am EST
wealthy. >> we have spent ourselves into a hole. will i accept a tax increase as part of a deal to actually solve our problem, yes. >> senator coburn says in return, republicans would get significant reform of entitlement programs. >> at least the two are sort of together, speaking, without cameras around. >> right. >> so they can get work done. >> the difference between the last meeting, they're not coming out and sort of saying, well, they're not budging. they're not budging. they sort of cam out and said we are not going to talk about it. a good sign too. >> i hope so. sort of riff di >>> tension is building in egypt. morsi ordered the military to keep the peace. thousand gathered outside the presidential palace for the fifth straight night. calling for a boycott to undermine the vote. morsi tried to appease his opposition. opposition leaders still say the draft constitution was dominated by morsi's ally. they're calling for new protests this week. and i'm sort of surprised that, he didn't, expect this sort of backlash, because, you can't just decide to amend the constitution on
ABC
Dec 5, 2012 1:40am PST
. ♪ >>> this morning on >>> this morning on "world news now" -- fiscal fiasco. the fight over taxes and political power in washington as the fiscliff >>> this morning on "world news now" -- fiscal fiasco. the fight over taxes and political power in washington as the fiscal cliff looms and fears of a recession close in. >> the latest negotiations and nasty exchanges in a battle over everyone's money. it is wednesday, december 5th. >> announcer: from abc new, this is "world news now." >>> good hump day, everybody. wednesday morning. i'm rob nelson. >> and i'm paula faris. >>> we're going to update you on the big fiscal fight in our top story from washington. and from one capital to another, the political uproar in egypt. how cairo police are taking action as thousand of protesters hit streets in outrage. an all-too-familiar scene. >> most protesters say it seems like they traded one dictator for another. >> for another. >>> hard to believe it is. they're part of a growing group of so-called preppers getting ready, as you can see, for the very, very worst. normal everyday folks getting rea
ABC
Dec 3, 2012 3:00am PST
unspecified medicare cuts and no more limit on how much the government can borrow. and then there's the tax hike on higher-earning americans. republicans aren't buying it. >> there is just no reason why 98% of americans have to see their taxes go up because some members of congress on the republican side want to block the tax rate increases for 2% of the wealthiest americans. >> i'm just flabbergasted. i looked at him and said, you can't be serious. i just have never seen anything like it. >> if they cannot reach a deal by new year's day, nearly every american will end up paying more in taxes. >>> public school students in five states will soon spend a lot more time in the classroom. a new three-year pilot program will be announced today in colorado, connecticut, massachusetts, new york, and tennessee. 20,000 students at those select schools will spend an extra 300 hours per term in class starting next year. it will be up to local districts to decide if school days or school years should be extenzed. >>> very interesting approach there. >>> and a church in boston could soon be seeing a huge
Search Results 0 to 10 of about 11 (some duplicates have been removed)